Crypto startup to save iconic fiat money sculpture with 1M euros in funding

The paths of traditional finance and the cryptocurrency industry have intersected again, with a crypto startup coming to save the iconic “Euro-Skulptur” monument in Frankfurt.

Frankfurt-based crypto startup Caiz Development will provide 1 million euros, or about $961,000, in funding over the next five years to rescue the famous sculpture depicting the symbol for the Euro.

Euro monument and Caiz’s marketing program. Source: Caiz Development

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